PayPal CEO Alex Chriss has settled into the top job at the payments giant. Here's what investors need to know.
The company is transitioning from a perceived value trap to an undervalued gem, showcasing growth potential despite more modest expectations
As PayPal expands in China, the American digital payments platform expects local merchants selling abroad to see cross-border e-commerce continue to grow despite mounting geopolitical and regulatory challenges. "We are seeing meaningful interest from [Chinese] merchants as they are seeking to expand to go both to Europe as well as the US, and we feel that will persist," Michelle Gill, head of PayPal's Small Business and Financial Services Group, said in an interview in Shenzhen on September 25.